XRP adds 4,300 new wallets in 24 hours, but why is price stuck?

CoinTelegraph6h agoUpdated 5h ago
XRP adds 4,300 new wallets in 24 hours, but why is price stuck?
Smart Read

XRP Ledger activity surges with 4,300 new wallets created in 24 hours, but strong resistance keeps XRP price capped....

Key takeaways

  • 1XRP Ledger added 4,300 new wallets in 24 hours, marking the fourth-largest growth spike on the network in 2026.
  • 2US spot XRP ETFs accumulated $1.4 billion in cumulative inflows with $107.3 million flowing in May alone.
  • 3XRP price faces strong resistance at $1.40-$1.55 zone where 3.75 billion XRP holders have average cost basis, potentially stalling upward momentum.

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Why it matters

Strong network growth and institutional ETF inflows signal bullish fundamentals for XRP, but technical resistance and retail holder break-even levels could delay price recovery, making this a critical juncture for Indian investors monitoring altcoin adoption trends and ETF-driven institutional participation in crypto.

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